Summary and Potential

It is known that the Benue Trough is a major lead/zinc province and that there is lead/zinc mineralisation within the EcoPhoenix licence areas. There are significant amounts of carbonate rocks reported from the Benue sedimentary sequence. The licences are some 540km2 in area and so there is a distinct possibility that carbonate hosted lead/zinc deposits, like those found in the Huize lead/zinc District in China, could be present.

Huize District, China:

• Total reserves of 20 million tonnes of ore at ca 25% metals
• Contained metals would be worth $5 billion*

These figures do not include the added value from copper and silver that we know is present in the Nahuta mineralisation.

* Using a metal price of $1000/t for lead and zinc.